In October, UBS Securities, following the long-term and strict screening and demonstration, joined hands with Vanguard Technology to create the eHR management platform. Vanguard Technology has claimed the rich management and practical experience in the field of eHR. Thanks to the software framework applicable to the HR management process of multinationals and the abundant and mature system interfaces, Vanguard Technology has succeeded in securing an unchallenged position among the competitors and eventually won the favor of UBS Securities. The eHR project for this time involves the headquarters of UBS Securities and seven subsidiaries.

　　Vanguard Technology has an in-depth understanding of the characteristics of financial and insurance industries and the informationization demands; therefore, China Securities, Huatai Insurance, Skandia-BSAM Life Insurance and Zurich Insurance have appeared on the customer list of Vanguard Technology. The long-term practical experiences, the acknowledgement from clients and the sound industrial reputation has enabled Vanguard Technology to become the best partner with the financial and insurance enterprises in their endeavors of HR informationalization construction. As the financial and insurance industries confront an increasingly fierce competition, the persistent effort to deepen the HR management and enhance the efficiency of HR management has turned out to be a key to the ultimate success of HR strategy. Since its establishment over a decade ago, Vanguard Technology has claimed the rich industrial experience and mature products as far as eHR is concerned. We have good reasons to believe that another excellent case of eHR in financial and insurance industries will be developed by Vanguard Technology as it conducts the HR informationization construction for UBS Securities.

　　About UBS Securities
　　As the largest bank in Switzerland, Union Bank of Switzerland (UBS) is the first foreign-funded financial institution to make investments in China. UBS Securities Co., Ltd. is the new securities company with limited liability (following the reorganization of the former Beijing Securities Co., Ltd.), co-invested by Beijing Guoxiang Asset Management Co., Ltd., UBS Limited (or UBS AG), China Jianyin Investment Securities Co., Ltd., State Development & Investment Corp., COFCO Limited and International Finance Corporation. The company, headquartered in Beijing, has a registered capital of RMB 1.49 billion yuan.

About Vanguard Technology
　　 Vanguard is a leading and the most-trusted solution and service provider for HR management in China. Our products and services include: HRMS software, attendance system and enterprise recruitment website development, etc. Today,more than three handred companies of different industries rely on Vanguard's HRMS to conduct their HR management work on a daily basis. These companies include GE Medical, Coca Cola, Ford, DHL, Lafarge, Danfoss,Toyota, Mazda, Ely Lilly, Johnson Controls, Kerry EAS, NEC, Ernst &Young, CITICS, China Telecom, Cummins, Sina.com, Shanda, etc. Vanguard always pursues technology innovation and perfection. We uphold the principle of "Customer First" in project implementation and management through our quality products and professional services. We are your best working partner for enterprise eHR establishment and development.